Author: Crypto News Live

The latest game from Otherside, an NFT gaming firm backed with $450 million worth of funding from Bored Ape Yacht Club’s Yuga Labs, debuted last weekend with chaotic, buggy results. Project Dragon, a third-person shooter hosted in the Otherside ‘metaverse,’ launched on Saturday. In the game, players compete to hold and capture objectives across an 8-bit city map. So far, it’s received a mixed reception. Some users, many with NFT profile pictures, have praised the game, while others have described it as ‘chaos,’ ‘buggy,’ ‘unresponsive,’ and having ‘terrible aim lag.’ One player said on X (formerly Twitter) that they quit…

Ethereum could reach $3,600 and $4,000 if market sentiment remains unchanged. Despite the massive ETH deposits to Binance, Ether remains bullish. Amid the bullish market sentiment, a substantial Ethereum [ETH] transaction by a whale has gained widespread attention from the crypto community. On-chain analytic firm Lookonchain made a post on X on 29th July stating that a giant whale has moved a notable 25,800 ETH worth $87 million to Binance. Whale moves 25,800 ETH to Binance According to the post on X, the whale bought 26,721 ETH from Binance at an average price of $3,457 between 31st May and 25th…

TL;DRFull StoryThe ‘news’ part of this story ain’t that exciting (actually, it’s kinda scary).Here it is: Crypto exchange, Gemini, just sent out a warning to their users requesting that they monitor their accounts for unusual activity; and confirmed that around 15,000 of their customers might be affected by a data breach of its banking partner.But this data breach is actually a perfect example of why it’s worth considering using a decentralized exchange (DEX) instead of a centralized exchange (CEX).Here’s what we’re on about…Gemini is a CEX which means it’s run by a company and it’s up to the company as…

Ethereum appears poised for a significant breakout above the highly anticipated $4,000 price threshold. Despite this potential, the cryptocurrency has recently fallen short of the expectations of many enthusiasts and retail traders. The much-hyped launch of Spot Ethereum ETFs, rather than sparking a rally, turned into a classic “sell-the-news” event, leading to disappointment in the market. However, according to a crypto analyst, the overall sentiment around Ethereum remains fundamentally positive. This optimism is largely held up by some bullish investors who continue to hold up the cryptocurrency and its stability at a crucial support level of $3,200. Ethereum Set For…

Shiba Inu marketing lead Lucie provides fresh details about the Web3 version of the Shiba Eternity game, revealing the expected launch date and how to gain exclusive access. Lucie, citing comments from Shiba Games’ lead Angel, said the closed beta testing of Shiba Eternity’s Web3 version will commence this week. According to Lucie, the upcoming launch of Shiba Eternity is poised to redefine the collectible card game genre of Shiba Inu’s Layer-2 blockchain Shibarium. Here’s How to Gain Exclusive Access to Beta Testing It is worth mentioning that the closed beta testing of Shiba Eternity will be initially accessible to…

ETH started the week with positive moves. The ETH open interest is now over $11 billion. The approval of Ethereum [ETH] ETFs has significantly bolstered interest in Ethereum, as evidenced by key market indicators. Additionally, the current uptick in Ethereum’s price has positively influenced sentiment among futures traders. Ethereum sees open interest increase According to data from CryptoQuant, Ethereum’s open interest volume experienced a significant fluctuation recently. From 2nd July to 8th, open interest in ETH dropped from approximately $12 billion to around $9 billion. Open interests represent the total number of outstanding derivative contracts that have not been settled,…

MetaCene, a blockchain MMORPG, has joined forces with Mantle, a high-performance blockchain infrastructure, to enhance the gaming ecosystem. The collaboration, in tandem with the latest gaming test, MetaCene Goldrush, hopes to use both platforms’ strengths and popularity to showcase the potential of blockchain technology in gaming.MetaCene, known for its commitment to “Co-Entertainment, Co-Governance, and Co-Creation,” has created a vibrant gaming ecosystem powered by Unreal Engine 5.In the MetaCene post-apocalyptic setting, players can explore a vast, immersive world ravaged by a catastrophic event. They can own and trade unique in-game items, characters, and land as NFTs, giving them real-world value. The…

TL;DRFull StoryBitcoin is like a well-trained pooch just waiting for its owner to give the “OK,” so it can gobble up a bowl of kibble.(The kibble in this analogy is investor dollars).The “OK” that Bitcoin investors are waiting for is a hint from the Federal Reserve that they’ll soon start cutting interest rates.(Making loan/credit repayments cheaper and allowing market players to take out larger loans and invest in higher-risk assets, like crypto).The Fed meets this Wednesday, and while no one is really expecting them to announce a cut, most will be reading the tea leaves of Fed chair Jerome Powell’s…

Ethereum, the second-largest cryptocurrency by market capitalization, has started showing signs of a bullish trajectory. Particularly, according to insights from CoinSignals, a prominent crypto analysis platform, Ethereum is poised for a significant price rally. The platform suggests that Ethereum could see its value rise to between $12,000 and $15,000 shortly. This forecast is based on positive market trends and strong fundamental performance indicators supporting a sustained value increase. Related Reading ETH Fundamental Strengths CoinSignals’ optimism is backed by several key factors that differentiate ETH from its peers, notably Bitcoin. Unlike Bitcoin, which experiences a sell-pressure of around 450 BTC daily,…

Carrieverse and The Walt Disney Company Korea have signed a content license agreement. This collaboration will bring Disney’s popular content to the Carrieverse metaverse. In this social game, users can trade virtual assets, attend events, and experience the potential of Web3.Under the agreement, major characters appearing in Disney’s famous IPs ‘Inside Out,’ ‘Disney Tsum Tsum,’ ‘Elemental,’ and ‘Coco’ will be incorporated into the Carrieverse metaverse.Carrieverse launched in March and already holds a key position in the metaverse space, with over 100,000 daily active users, mainly in Southeast Asia. The addition of Disney IP could grow this exponentially.Source CarrieverseMany Disney Worlds…